Public Profile

Lukoil

Lukoil, officially known as Lukoil Oil Company, is a prominent player in the global energy sector, headquartered in Russia. Founded in 1991, the company has rapidly evolved into one of the largest oil and gas producers in the world, with significant operations across Europe, the Middle East, and Africa. Lukoil's core business areas encompass exploration, production, refining, and distribution of oil and gas, alongside petrochemical manufacturing. The company is renowned for its commitment to innovation and sustainability, offering high-quality fuels and lubricants that meet stringent environmental standards. With a strong market position, Lukoil has achieved notable milestones, including extensive investments in technology and infrastructure, solidifying its reputation as a leader in the energy industry.

DitchCarbon Score

How does Lukoil's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

18

Industry Average

Mean score of companies in the Petroleum Electricity industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

8

Industry Benchmark

Lukoil's score of 18 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.

77%

Lukoil's reported carbon emissions

In 2023, Lukoil reported carbon emissions of approximately 36,898,000,000 kg CO2e from Scope 1 sources, which include direct emissions from their operations. The company's total Scope 1 and 2 emissions for the year were about 41,818,000,000 kg CO2e. Historically, Lukoil's emissions have shown variability. For instance, in 2014, their Scope 1 emissions were about 30,260,000,000 kg CO2e, while in 2017, they peaked at approximately 40,448,000,000 kg CO2e for Scope 1 emissions globally. The company has also reported significant Scope 2 emissions, with figures reaching about 10,450,000,000 kg CO2e in 2017 and declining to approximately 4,921,000,000 kg CO2e in 2023. Despite these figures, Lukoil has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. This lack of formal commitments may reflect broader industry challenges in addressing climate change, particularly within the oil and gas sector. Overall, while Lukoil's emissions data provides insight into their operational impact, the absence of clear reduction strategies raises questions about their long-term climate commitments.

Unlock detailed emissions data

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2014201520162017201820192020202120222023
Scope 1
-
-
-
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
Scope 2
7,800,000,000
0,000,000,000
0,000,000,000
00,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 3
109,600,000,000
000,000,000,000
000,000,000,000
000,000,000,000
000,000,000,000
000,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Lukoil's primary industry is Electricity by petroleum and other oil derivatives, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Lukoil is headquartered in RU, which has a rank of medium, indicating medium grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Lukoil is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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